ZebPay is one of the cryptocurrency exchange platforms in India. If you are a crypto investor, you can lend your coins to the company and in turn, earn fixed returns. On the launch of the platform, this new feature of lending will support Ethereum (ETH), Bitcoin (BTC), Dai (DAI), and Tether (USDT).
Based on the time period of your deposit, you can earn returns of up to 7% on ETH and DAI, up to 3% on BTC, and also up to 12% on USDT.
How ZebPay Crypto Fixed Deposit Works
- The interest rates on these deposits will depend on the time period that you choose.
- Under the ZebPay fixed term deposit, as an investor, you can lend your crypto currencies for a period of 7 days, 30 days, 60 days, and 90 days.
- You can easily withdraw the coins you have deposited before expiry of the fixed deposit and a penalty will be charged.
- The returns that you earn with the principal deposit will be credited to your ZebPay trading wallet.